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- Is lying online now a federal crime?
The case of the "MySpace suicide" in which a teenage girl killed herself after being rejected by an online crush -- who turned out to be a classmate's mother posing as teenage boy -- was cause for widespread outrage at the perpetrator of the deadly hoax. That woman, Lori Drew, was found guilty on three misdemeanor counts in federal court and faces a possible three years in prison and $300,000 in fines -- essentially for violating the MySpace terms of service. Now bloggers, social networkers and even marketers have to face up to a new legal reality -- that under fairly ordinary circumstances, it may be illegal to assume a false identity online. CNET/Surveillance State blog
(12/1), Ars Technica
(12/1)      
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- MySpace chief: Time right to get good deals on start-ups
Although News Corp unit MySpace isn't working on any specific deals, the social network does see opportunity to acquire Web 2.0 start-ups that are worth much less now than six months ago because of the economic downturn, MySpace co-founder and chief executive Chris DeWolfe said, via video conference, at the Reuters Summit. But microblog Twitter, which reportedly was in talks to become part of Facebook, is not on MySpace's wish list, DeWolfe said. Reuters
(12/2)
- VC firm gives Huffington Post a $25M boost
Venture capital firm Oak Investment Partners, Palo Alto, Calif., will provide $25 million in funding to The Huffington Post. The funding will be used to enhance the site's technology and infrastructure, boost its ad capabilities and add an investigative reporting unit and introduce local editions of the site, according to this article. Editor & Publisher
(12/1)
- CEO: Digg focuses on getting in the black
News aggregation site Digg, despite many rumors to the contrary, is not on the market, and is aiming to add new features to become profitable, according to CEO Jay Adelson. Among its new initiatives: an ad sales program on its RSS feeds, a new version of its search engine with greater potential for ad revenue and a possible deal with a mobile ad provider. Bloomberg Businessweek
(12/2)
- Croatian Facebook user detained for launching group critical of PM
Twenty-two year old Croatian Niksa Klecak was picked up by police and interrogated after starting a Facebook group critical of prime minister Ivo Sanader. The group, dubbed "I bet I can find 5,000 people who dislike Sanader," featured images of Sanader altered to contain Nazi symbols -- which are illegal under Croatian law. The detention has drawn sharp criticism from Croatia's opposition Social Democrat party and has inspired a host of copycat Facebook groups. International Herald Tribune/The Associated Press
(12/1)
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- Double Fusion's new in-game ad plays
Game publishers THQ, SEGA, Eidos and Midway have reached pacts with Double Fusion to supply in-game ads for various titles for the Sony PlayStation 3 console, according to this article. Mediaweek
(12/1)
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